A U.S. executive for Freeport-McMoRan has reportedly called a delay in Chile to enact reforms that would fast-track mining permits to be a ‘serious’ issue. Mario Larenas, Freeport’s top executive for Chile, said at a Santiago seminar that the country is grappling with regulatory hurdles that miners also argue slow project development. Currently, the government of Chile president Gabriel Boric…
Read MoreTag: Freeport-McMoRan
Peruvian mine sites earn ‘Mark’
The Copper Mark announced two more Peruvian mining sites have earned the distinction as the country takes a major step toward assured responsible production. In Peru, five mine sites have achieved The Copper Mark: Mine Justa (Marcobre), Cerro Verde (Freeport-McMoRan), Condestable (Southern Peaks Mining), and ), Cuajone and Toquepala (Southern Peru Copper). In addition, the Ilo smelter unit at Southern…
Read MoreFreeport Indonesia raises output target
Freeport Indonesia has raised its output guidance to 3.78 million metric tons for the year as it awaits an extension of its copper concentrate export permit, reported Reuters. Deputy CEO Jenpino Ngabdi said the output target was lifted assuming the permit extension is approved, which the government has promised. The miner also raised its 2024 refined copper output target to…
Read MoreBagdad to be first U.S. copper mine to move to AHS
Freeport-McMoRan’s Bagdad operation in Arizona will become the first copper mine in the United States to implement a fully autonomous haulage system (AHS). The miner will convert its fleet of 33 Cat 793 haul trucks using Cat MineStar Command for hauling. Full story.
Read MoreRME deploys first-ever roboticized mill relining system
Russell Mineral Equipment (RME) has successfully deployed the world’s first semi-automated roboticized mill relining system for safer, faster worn liner removal and new liner placement with no one inside the mill. The mill relining systems manufacturer said the system will result in significant safety and commercial outcomes for its customer as well as the industry as a whole. The reduction…
Read MoreFreeport-McMoRan falls victim to cyberattack
Freeport-McMoRan is the latest company in the industry to be hit by a cyberattack. The U.S-based miner said on August 11 that it was investigating a cybersecurity incident affecting its information systems. The company said it was assessing the impact and proactive measures are being taken to address the situation. To date, there has been limited impact on production. “Transitional…
Read MoreLeaching technology in action at Freeport’s El Abra
Jetti Resources has inked a deal with Freeport-McMoRan for its leaching technology deployment at the El Abra copper operation in Chile. The deal for the placement, which is between Jetti and Sociedad Contractual Minera El Abra, is the first in Chile, and the second for Jetti at a Freeport mine. The first was the Bagdad mine in Arizona last year.…
Read MoreFreeport achieves Copper Mark at all copper, moly sites
Freeport-McMoRan has achieved the Copper Mark at its PT-FI Grasberg operation in Indonesia, meaning that all 12 of its copper producing operations globally now have the distinction. Freeport’s two primary molybdenum sites, the Climax and Henderson operations, were awarded the Molybdenum Mark by the independent panel, which was formed as an assurance framework to promote responsible production practices for copper.…
Read MoreFreeport Indonesia temporarily idles Grasberg operations
Freeport-McMoRan’s PT Freeport Indonesia Grasberg copper-gold operations have been halted due to significant rainfall and landslides in the area of its milling operations in Papua. Full story.
Read MoreK2fly to provide RCubed mineral resource governance platform to Freeport-McMoRan
Freeport-McMoRan (FCX) has agreed to a three-year contract with K2fly for the implementation of the company’s cloud-based mineral resource governance platform, RCubed. K2fly, based in Australia, will roll out the solution for all 12 of FCX’s operations in North America, South America, and Indonesia. According to K2fly, the RCubed platform is the only commercially available, of-the-shelf (COTS) solution for mineral resources…
Read More